2011 Buick Lucerne Ownership Costs

Ownership Summary

Over 5 years this car costs 5.54% less to own than similar vehicles.

5 Year Ownership Cost Breakdown

Year 1

Year 2

Year 3

Year 4

Year 5

5 YEAR TOTAL

Maintenance

Services performed generally at manufacturer's suggested intervals where stated. Other services done at selected intervals. Cost per service is based upon industry-standard service times and national labor rate averages. Parts prices are based on manufacturer's suggested list price where available.

$980

$649

$667

$970

$982

$4,248

Repairs

Based on extended service contracts that will pay for repairs for at least 5 years or 70,000 miles with zero deductible. Service contract pricing is adjusted down for reasonable profit and a longer than standard manufacturer warranty.

$109

$235

$514

$557

$597

$2,012

Fuel

U.S. Government EPA mileage figures. Mileage is 60% highway driving, 40% city. Fuel cost per gallon is $3.61 for unleaded regular, $3.79 for unleaded mid-grade, $3.95 for premium, and $3.92 for diesel (subject to inflation of 1.60%). (Based on Energy Information Administration U.S. 6-month average self-service regular, mid-grade and premium gasoline and diesel prices.)

$2,312

$2,349

$2,387

$2,425

$2,464

$11,937

Depreciation

Based on the assumption that you keep your vehicle for 5 years, after which time you sell it in a private party transaction (not sold to a dealer). Also assumes that the vehicle is in good condition with 112,000 miles (14,000 miles per year).

$2,105

$1,796

$1,716

$1,621

$1,494

$8,732

Financing

Assumes 10% down payment on a 60-month loan and an annual interest rate of 4.83%

$636

$507

$372

$232

$84

$1,831

Insurance

Due to the extremely varying nature of insurance costs, the figures listed in this report are estimates for comparative purposes. We assume the following:

principal operator is under age 65;

all drivers have more than six years experience with no chargeable accidents;

vehicle is for personal use;

lives in a suburban/urban community, with:

Collision:$500 Deductible

Comprehensive:$500 Deductible

Medical:$25,000

Property:$50,000

Personal liability:$100,000/$300,000

Uninsured driver:$25,000/$50,000

$1,269

$1,269

$1,269

$1,269

$1,269

$6,345

State Fees

State Fees includes title and registration fees and are based on a sales weighted average for all states. Registration fees vary depending on the weight, price, and class of the vehicle.

$100

$69

$64

$64

$60

$357

Yearly Totals

This is the total cost of ownership for this vehicle over 5-years and 70,000-miles.

$7,511

$6,874

$6,989

$7,138

$6,950

$35,462

5-Year Cost of Similar Vehicles

$37,427

Difference

($1,965)

Value Rating

Above Average

2011 Buick Lucerne CX Sedan cost of ownership data is powered by

Ownership costs are the costs to purchase and operate a vehicle over a period of time. Understanding these costs may enable you to save money and help you make a wiser decision when choosing your next new car.

Regardless of the “value” claims that you may read in car reviews or hear in advertisements, the economic value of a car is based on how much it will cost to own and operate compared to its purchase price. In a sense, purchase price is “what you pay” and the ownership costs are “what you get.”

Ownership costs can differ greatly. The cost to own and operate two different vehicles with equal purchase prices can differ by thousands. Of course when evaluating ownership cost for used cars and trucks, a vehicle's condition and mileage will greatly impact ownership costs, therefore it's important to compare similar vehicles in similar condition for an accurate picture.

Basic Warranty: The basic warranty covers everything except items that are subject to wear and tear or replacement in the ordinary course of vehicle ownership, such as oil and air filters, wiper blades and brake pads. Tires and batteries are often excluded, but usually have their own warranty provided by the manufacturers of those items. Emissions equipment is required by Federal law to be covered for five years or 50,000 miles.

Drive Train Warranty: In some cases the drive train warranty continues after the basic warranty has expired. This part of the warranty covers most of the parts that make the vehicle move, including the engine, transmission, drive axles and driveshaft. Like the basic warranty, consumable parts such as hoses and belts are not covered. However, most of the internal parts of the engine, such as the pistons and bearings, which are also subject to wear and tear, are covered by the drive train warranty.

Roadside Assistance: Many manufacturers provide a service that will rescue you if your car leaves you stranded, even if it's your fault. Lock yourself our of your car? Run out of gas? Got a flat tire? A call to the manufacturer's toll-free number will result in somebody showing up who can help you out. There is a huge variance in these programs so check ahead of time to see what is covered and what you will have to pay for.

Rust or Corrosion Warranty: Rust or Corrosion Warranty: This warranty covers the vehicle's sheet metal, and protects you from rust and corrosion that are severe enough to cause a hole - surface rust is not covered. However, if you keep your car washed and waxed rust shouldn't be a problem.

This defect can affect the safe operation of the airbag system. Until this recall is performed, customers should remove all items from their key rings, leaving only the ignition key. The key fob (if applicable), should also be removed from the key ring. General Motors LLC (GM) is recalling certain model year 2005-2009 Buick LaCrosse, 2006-2011 Buick Lucerne, 2000-2005 Cadillac DeVille, 2006-2011 Cadillac DTS, 2006-2014 Chevrolet Impala, and 2006-2007 Chevrolet Monte Carlo vehicles. In the affected vehicles, the weight on the key ring and road conditions or some other jarring event may cause the ignition switch to move out of the run position, turning off the engine.

Consequences:

If the key is not in the run position, the air bags may not deploy if the vehicle is involved in a crash, increasing the risk of injury. Additionally, a key knocked out of the run position will cause loss of engine power, power steering, and power braking, increasing the risk of a vehicle crash.

Remedy:

GM will notify owners, and dealers will install two key rings and an insert in the key slot or a cover over the key head on all ignition keys, free of charge. The recall began on September 23, 2014. Owners may contact General Motors customer service at 1-800-521-7300 (Buick), 1-800-458-8006 (Cadillac), and 1-800-222-1020 (Chevrolet). GM's number for this recall is 14299.

GENERAL MOTORS IS RECALLING CERTAIN MODEL YEAR 2010-2011 DTS AND BUICK LUCERNE VEHICLES EQUIPPED WITH V8 ENGINES. THE STARTER OR ALTERNATOR CABLE IS IN CONTACT WITH THE POWER STEERING RETURN LINE. IF EITHER THE STARTER OR ALTERNATOR CABLE IS CONTACTING THE POWER STEERING RETURN LINE, THE CABLE COULD WEAR THROUGH THE LINE, CAUSING A POWER STEERING FLUID LEAK.

Consequences:

A POWER STEERING LEAK COULD RESULT IN A LOSS OF POWER STEERING, INCREASING THE RISK OF A CRASH, AND/OR THE LEAK ONTO HOT ENGINE PARTS COULD CAUSE AN ENGINE COMPARTMENT FIRE.

Remedy:

DEALERS WILL SECURE AND IF NECESSARY REROUTE THE LINES TO PREVENT CONTACT. THIS SERVICE WILL BE PERFORMED FREE OF CHARGE. THE SAFETY RECALL BEGAN ON NOVEMBER 19, 2010. OWNERS MAY CONTACT CADILLAC AT 1-866-982-2339, BUICK AT 1-866-608-8080 AND AT THE OWNER CENTER AT WWW.GMOWNERCENTER.COM.